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Boeing production soars: Boeing Co. said it will boost...

May 21, 1997

Boeing production soars: Boeing Co. said it will boost production of its jetliners to a record 43 a month by the second quarter of next year, up from 29 a month now. The increases are necessary to meet strong demand for aircraft from the world's airlines. Boeing has won orders for 171 aircraft so far this year after getting 717 orders last year. At the same time, Continental Airlines has tentatively agreed to buy 40 big twin-engine jets from Boeing valued at $4 billion and will likely declare itself an exclusive customer of the aircraftmaker, according to published reports Wednesday.